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Prosus Updates on Strategic Share Repurchase Program
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Prosus Updates on Strategic Share Repurchase Program

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Invest with Confidence:

An update from Prosus ( (PROSF) ) is now available.

Prosus announced an update to its ongoing repurchase program of ordinary shares in Prosus and Naspers, repurchasing 5,315,406 Prosus Shares for a total of €182,309,930 between January 13 and January 17, 2025. This strategic move is part of the company’s efforts to manage its free-float shares, potentially impacting its market presence and shareholder value.

More about Prosus

Prosus is a global technology company focused on unlocking an AI-first world for its 2 billion customers. With investments in over 100 companies worldwide, it builds local ecommerce champions in growth markets. Prosus holds leading positions in industries such as food delivery, classifieds, and fintech, and fosters a unique technology ecosystem to drive innovation and growth. Through Prosus Ventures, the company invests in emerging technology opportunities across various sectors, including AI, social and ecommerce platforms, fintech, B2B software, logistics, health, blockchain, and agriculture.

YTD Price Performance: -9.75%

Average Trading Volume: 51,175

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $85.92B

See more data about PROSF stock on TipRanks’ Stock Analysis page.

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